What Taxes Are Deducted from My Staking Rewards?
None — Pluang does not deduct any tax from your staking rewards. There is no withholding at source, no TDS, and no VAT/PPN taken from your daily accrual or from your weekly distribution, so the amount that builds up in your staking dashboard and the amount credited to your wallet every Tuesday are the full gross reward. Tax does still apply to the income itself: staking reward income is taxable under Indonesia's income tax (Pajak Penghasilan, PPh) Article 17, and you report and settle it yourself through your annual tax return, in accordance with the tax regulations that apply to you. Because Article 17 is a progressive schedule, the rate depends on your total annual taxable income rather than being one flat percentage — so there is no single staking tax rate Pluang can quote or calculate for you. Keep your weekly reward-distribution entries from transaction history as your source records, and consult a tax professional for how to report them in your own situation.
- Pluang deducts nothing. No tax of any kind is taken from your staking rewards — no withholding at source, no TDS, and no VAT/PPN. Pluang does not withhold anything from your rewards and does not remit anything to the tax authority (DJP) on your behalf.
- What you see is the full gross reward. Because nothing is deducted, the figure accumulating in Accrued Rewards is the gross reward, and the Tuesday distribution credits that same gross amount to your available wallet. There is no net-versus-gross gap to account for.
- The applicable tax is PPh Article 17. Staking reward income is taxable under Article 17 of Indonesia's Income Tax Law, the progressive tariff article that applies to a resident individual's total annual taxable income. It is not a final tax, and it is not settled at transaction level.
- Reporting is your own responsibility. You report staking reward income yourself, in accordance with applicable tax regulations, through your annual tax return (SPT Tahunan). Pluang does not file, withhold, or pay on your behalf, and does not report your reward income to DJP.
- There is no single rate that applies to everyone. Because Article 17 is progressive, the rate that ends up applying to your reward income depends on your total annual taxable income — two users can owe different amounts on identical rewards. Treat any single percentage you see quoted for staking rewards as unreliable.
- Records, not certificates. Pluang does not issue a withholding slip (bukti potong) for staking rewards — nothing is withheld, so there is nothing to certify. Your weekly reward-distribution deposits in transaction history are your record of reward income received; keep your own copy if you need documentation.
- Separate from crypto trading tax. The transaction-level taxes on crypto buys and sells are a different matter and still apply to your trades as usual. Staking rewards are a separate income stream with a separate treatment — do not read one as covering the other.
How staking reward tax works:
| Item | Treatment |
|---|---|
| Tax deducted by Pluang from rewards | None |
| Withholding at source (TDS) | Not applied |
| VAT / PPN on rewards | Not applied |
| Applicable tax on reward income | PPh Article 17 (progressive) |
| Who reports and pays | You, via your annual SPT |
| Amount you receive | Full gross reward |
Related questions:
Q: Do I need to report staking rewards on my personal tax return?
Yes — this is your own responsibility. Pluang does not withhold tax on your rewards and does not remit anything to the tax authority for you, so the reward income has not been taxed at source by the time it reaches your wallet. Report it in accordance with the tax regulations that apply to you, using your weekly distribution entries in transaction history as your source records, and consult a tax professional about how to present it in your annual return.
Q: Is the APY shown in the app before or after tax?
The question no longer really applies, because nothing is deducted — the reward you receive matches the gross accrual, so the APR or APY in the app describes what actually lands in your wallet. Any tax you owe on that income is settled separately by you at filing time rather than taken out of the reward. Bear in mind, separately, that a displayed rate is an estimate that varies with network conditions rather than a guaranteed return.
Q: Are the tax rates on staking rewards the same for all users?
No. Staking reward income falls under PPh Article 17, which uses a progressive schedule tied to your total annual taxable income — so the rate that applies to you depends on your own tax position, not on your Pluang account type. Two users receiving identical rewards can owe different amounts. This is a change from how this was previously described: there is no flat, uniform staking tax rate.
Q: Does Pluang provide a tax certificate or statement for staking rewards?
No. Pluang does not issue a withholding slip (bukti potong) for staking rewards, and since nothing is withheld there is no deduction to certify. Your weekly reward-distribution entries in transaction history serve as your record of the reward income received. If you need documentation for your own reporting, keep your own record of those distributions and speak to a tax professional about what is sufficient in your situation.
Q: Could the tax treatment of staking rewards change in future?
Yes. Tax rules are set by prevailing regulation and can be revised over time, so treat the current treatment — nothing deducted by Pluang, reward income reportable by you under Article 17 — as what applies now rather than something permanent. If the rules change, Pluang's in-app disclosures would reflect the updated position. For the treatment that applies to your own rewards, check the current in-app disclosures and consult a tax professional.